ING has successfully executed its first commodity transaction on Komgo, the blockchain-based platform that transmits commodity transactions in a secure environment. The oil trade deal was executed by the Commodity… read more →
The latest EU Exit Business Readiness Bulletin from the Dept for Business, Energy & Industrial Strategy (BEIS) includes details of a number of updates from the Department for International Trade… read more →
Today the completion of the world’s first integrated paperless trade transaction happened – in iron ore – involving Rio Rinto selling bulk iron ore to Cargill, who sourced the cargo… read more →
LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.
Global Credit data has just released a new report – the IFRS 9 Report – which demonstrates that banks’ expected credit loss estimates may vary by at least factor 4. Results from the study suggest that the IFRS 9 framework is yet to stabilise, given a significant degree of variability.
In July the pound continued its march lower as markets prepared for the prospect of a PM who would be more aligned with a no-deal Brexit outcome
IBM has partnered with Chainyard to launch a new blockchain network geared towards improving supplier qualification, validation, onboarding, and information management.
GEORGIA. 2nd, August 2019. TBC Bank Group PLC (“TBC PLC”) announces that its subsidiary, JSC TBC Bank (“TBC Bank”), has signed a Continuing Agreement for Reimbursement of Trade Advances (“CARTA”) with Citibank.
London, 31st July 2019. Trade Finance Global (TFG) are delighted to announce a media partnership with The London Institute of Banking & Finance for the 23rd World Conference of Banking Institutes (WCBI) on the 16th September 2019.
Two Raiffeisenlandesbanks go live with digital trade finance solution that will transform their end-to-end operations and intercept continuing business and market demands.